Statement:
In Estonia the cost of living is lower than in Hong Kong

In the Cost of Living rating Estonia holds position #48 2012 out of 90 and Hong Kong is #28 out of 90 2012.
Position of Estonia is better than position of Hong Kong.
Both countries holds average positions in the "Cost of Living" rating. So Cost of Living Index is an average for both Estonia and Hong Kong, compared to most countries of the World.

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 49.47
    Hong Kong 'Cost of Living Index' value is 76.55
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 53.77
    Hong Kong 'Cost of Living Index' value is 80.82
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 52.93
    Hong Kong 'Cost of Living Index' value is 77.90
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 50.99
    Hong Kong 'Cost of Living Index' value is 79.21
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 51.61
    Hong Kong 'Cost of Living Index' value is 74.73
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 54.89
    Hong Kong 'Cost of Living Index' value is 79.24
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 50.52
    Hong Kong 'Cost of Living Index' value is 78.20
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 52.49
    Hong Kong 'Cost of Living Index' value is 75.03
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 67.61
    Hong Kong 'Cost of Living Index' value is 75.86
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 70.75
    Hong Kong 'Cost of Living Index' value is 77.81
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Estonia 'Cost of Living Index' value is 66.91
    Hong Kong 'Cost of Living Index' value is 84.40